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Showing content with the highest reputation on 10/27/2023 in all areas
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These type of people irritate me as this is all about him making money and now with prices going down he is not happy. Poor him, there are folks living a much worse life than that and yet he still thinks he is being informative and helpful when his whole focus is flipping autos for a profit. I do not hold it against him as it is his business, but the attitude from the beginning to the end sucks I feel. On cool notes, my friend check out this crazy wood working project. Love it. Awesome Staircase From an Old Beam — Blacktail Studio2 points
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Ha. Atlanta suburbs story. Very heartwarming and funny. I probably would have googled how to tie a Windsor knot and looked for a YouTube or diagram. But, hey, it worked out for him. I lived in the metro Atlanta area for 2 years. I couldn't believe how well I adjusted to it coming from the West. There isn't much uptightness to be found. Most people are outgoing and a good many are sassy.2 points
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The ideal weather across an ideal year: - 3 months of summer - 1 month of winter - 1 month of spring - 7 months of autumn (and peak color)1 point
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They're making money. I'm not sure why you think they're losing money on vehicles but they've been profitable for the last few years. Look over pages 4-6. https://www.sec.gov/Archives/edgar/data/1318605/000162828023034847/tsla-20230930.htm#ib5ff2de9b5b0458894a3412674c85416_161 point
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At the 2023 Tokyo auto show, Mazda unveiled a sports car concept. Originally named Vision Study Model, the Iconic SP, utilizes an interesting engine combination. This hybrid-rotary-powered sports car uses the twin-rotor rotary engine as a generator to recharge the batteries. Iconic SP is around 10 inches longer than Mazda’s compact Miata. Although Mazda hasn't disclosed the number of electric motors, they are the main propulsion system. As a range-extending EV, that rotary engine doesn’t drive the wheels. Iconic SP’s engine is carbon-neutral, but can use unconventional fuels such as hydrogen. We do know the Iconic SP had around 365 horsepower. This concept can also run as a power supply if you have a power outage. The exterior of the Iconic SP showcases a low and sleek coupe. This has a grille similar to current Mazdas with a smooth body. Inside, you’ll see a lack of clutter in the cabin. There’s a small digital gauge which, in this concept, displayed the Monaco Grand Prix circuit map and a g-meter. At 3,197 pounds, the Iconic SP’s weight is at the lighter end of the EV spectrum. Painted in Viola Red, the Iconic SP is a look into Mazda’s future. Mazda is looking into the future of electric vehicles, so this rotary-hybrid engine could be produced. It looks like Mazda will continue the ever-losing trend of a relatively light and interestingly-propulsion sports coupe.1 point
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Yes they can. Especially the legacy OEMs. They make gas powered cars. Tesla doesnt. Tesla's vehicle prices arent profitable between 30 000 and 40 000 also. EV sales are pointing to be stale. Tesla wont make it to 2035... Tesla does not have all that money... If they did have all that money and profit legit, without all the smoke and mirrors with polution credits and all that garbage, they'de slash more money off the 3 and Y to get to that 30 000 dollar threshold. To stop the market erosion and to actually put a nail in the coffin of their competitors. They dont do because Tesla LOSES money at those price points. Investors wont support Tesla losing billions again...1 point
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Everyone is jumping on the bash EV band wagon and those that promise and then do not deliver. Even Toyota Chairman and prior CEO who hates EVs has said see, I told you so, public does not want EVs attitude. Such turds cannot see the future over their own greed of today and money. I get that GM is delaying the Equinox launch till next year. We are in very uncertain times and with the current interest rates, most are not willing to buy now unless they have too.1 point
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PSS: little adjustements NEED to be made. I aint THE boss. I am A boss. Not THE Boss. HUGE reality check I just faced today. Im humbled and THAT is a GOOD thing!!!1 point
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I was sent home early by my employer today. Turns out that customers are shyte. Shyttier than my former customers when I had my restaurant. Turns out I cant tell them how I truly feel. He got my back, my director that is. But I need to learn that in the corporate world, Karens are not exactly frowned upon. We just ignore a Karen, smile and direct the Karen gently outside the premises. And if that dont work, we let the director handle the situation and he will give a corporate smile and he will gently escort the Karen to where the Karen needs to go. I cant tell a karen to go to hell. My director cant either. But he did tell me I need to manage my emotions better. I...as a manager, need to calm things down and not escalate further. And hence why I was told to go home to relax. Its funny as in my restaurant, myself, my former partner, RIP, or my manager, never felt the need to gently deal with a Karen. We dealt with Karens bang and boom. But that was with a small family restaurant. *SIGH* Welcome to the corporate world... Oh well... PS The 25 plus years that I had the restaurant, only in the beginning did I have CONSTANT Karen problems. Oh yeah...THAT phenomenon aint new. But my partner and I chased ALL the bad in faith customers away and we CULTIVATED a clientele FREE from that kind of buklshytte!!! This new job and Karens are...EVERYWHERE!!!1 point
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I take it you haven't bothered to look at their financial statements. Take away the credits and they were 100% profitable in 2021 still. Prior to that, no. They were using those credits to stay afloat and it worked. Which, is basically what I said, "they've been profitable for the last few years." https://www.sec.gov/Archives/edgar/data/1318605/000095017022000796/tsla-20211231.htm#item_8_financial_statememts_supplementar0 points
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Tesla isn't losing money, they have made $7.1 billion dollars of net income so far this year, so they should end the year with about a $9 billion profit if Q4 looks like Q3, and it could be a $10 billion profit if they have a good quarter. They don't need subsidized, they are easily making money, and they have a growing product line to expand revenue. And energy generation and distribution is a small % of their business, but it is high margin and they are about to double or triple that part of the business with all these other OEM's putting Tesla charging plugs on their cars. Elon lost money since the stock price dropped, but I don't think Elon cares about losing money, he wasted $40 billion on X for no reason, he could have bought GM for $39 billion at today's price if he wanted to flush money away. This is why Tesla is dangerous. They are profitable at about $5k per car now, Elon might not care if they cut prices another $5k per car and make $0 on the car, if he can make the money on charging and selling FSD software that has huge margins. Basically give away a free iPhone to make money on subscriptions and apps. The other companies can't do that, or afford to get into a price war with him.0 points
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Ford lost $1.33 Billion on EV's in Q3. But it isn't just the bleeding money, it is that F150 Lightning demand is basically gone, and the Mach-E has very little demand. The dealer near me has 19 of them, all with customer cash offers from Ford, why the dealer isn't throwing in $5k off on top of that I don't know. And I don't have any faith or loyalty to Musk, but it is pretty clear that Tesla is highly profitable and with quickly rising sales volume, while no one else can seem to figure out EV's. And you have GM delaying the Equinox EV to next year some time, the Silverado and Sierra were pushed back a year, Mercedes dealers complaining about how the EV's are as aspirational or desirable as the gas cars and they are too expensive, Hyundai/Kia dealers have EV's piled up on the lots. The same thing is true at all these OEM's, they make EV's that don't look like the rest of the brand, or aren't eye catching enough, then they cost 25-50% more than the similarly sized ICE car on the same lot, and they are heavy, with less range and performance than a Tesla. Cadillac Escalade starts at $82,000, the Escalade EV is $130,000. These Escalade EV's will sit around on dealer lots also, unless they only make about 2,000 of them a year. All these OEM's need to suck cost out of these EV's but seem clueless on how to do it.0 points
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Maybe they know how, but are unable. The Escalade EV is 50% more than the ICE version, the Blazer EV is 50% more than the ICE version. You can’t raise prices 50% and not expect sales to tank. They have to get the cost out first to get the volume they need. Kind of a catch 22.-1 points
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